53.73+/- net mineral acres in Raccoon Township, Beaver County, Pennsylvania. The Seller just signed a 5 year, $500 per acre delay rental, 17% net, top lease with Range Resources.
Looks like Range has space to put a pad between the Peter McMichael and William Minton Units!
Range activity in the area:
Peter Michael 7H—averaging 13.58 MMcf/d
Carol Jodikinos 1H—averaging 11.17 MMcf/d
William Minton—wells are SPUD
* If buyer closes before the first delay rental check id due, buyer will receive this income as well as each additional annual delay rental check.
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Property Agent
Bill Smith
- Phone Number:
- 724-933-1311
- Email:
- wsmith@cx-energy.com
-
Tagline:
53.72+/- Net Mineral Acres
Beaver County, PA
Raccoon Township - Address: Pennsylvania
- State: Pennsylvania
- County: Beaver County
- Township: Raccoon
- Net Mineral Acres: 53.72+/-
- Unitized: No
- Well/Unit Name: N/A
- Lessee Name: Range Resources
- Lease Date: 10/11/2021
- Primary Term: 5 Years
- Extension Term: N/A
- Royalty Rate: N/A
- Royalty Type: 17%